Majority of small businesses anticipate revenue spikes under Trump's 1st year in office: data

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Majority of small businesses anticipate revenue spikes under Trump's 1st year in office: data
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The Q4 MetLife and U.S. Chamber of Commerce Small Business Index report found that small business owners, at 72%, anticipate their revenue to increase next year.

Small businesses are optimistic about revenue boosts in 2025, when President-elect Donald Trump will kick off his second administration, a U.S. Chamber of Commerce report obtained by Fox News Digital shows. The latest Small Business Index report by MetLife and the U.S. Chamber of Commerce released Monday morning found that seven in 10 small businesses, at 72%, reported they anticipate their revenues to increase next year.

The survey also found that the majority of small business owners, at 51%, reported that red tape – including licensing, certification, and permit requirements – makes it harder for them to grow their operations. While 47% of respondents reported that they spend too much time and energy on complying with regulatory requirements.

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